NUE
Analyst cuts weighing on the stock
- NUE −1.25% on the last session vs SPY +0.05%: −1.3 pts of stock-specific move.
- 2 analyst actions in the past 10 days (0 positive, 2 negative); latest: JP Morgan maintained Overweight, lowered target $308 → $296.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices NUE only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
262.14 +2.0% reached 3 in 10 days |
268.49 +4.4% reached 3 in 10 weeks |
| Now | 253.89 · prior close 257.11 | |
| Bargain buy side |
252.18 -1.9% reached 3 in 10 days reached today |
246.21 -4.2% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 250.60 | 2 in 10 days | 263.79 | 2 in 10 days |
| Balanced | 252.18 | 3 in 10 days | 262.14 | 3 in 10 days |
| Eager | 253.66 | 4 in 10 days | 260.61 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 242.77 | 2 in 10 weeks | 272.29 | 2 in 10 weeks |
| Balanced | 246.21 | 3 in 10 weeks | 268.49 | 3 in 10 weeks |
| Eager | 249.46 | 4 in 10 weeks | 264.99 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From NUE's daily swings (about 2.0% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among NUE's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| Highest analyst target | 310.00 +22.1% |
| Mean analyst target | 284.31 +12.0% |
| All-time and 52-week closing high Aug 5, 2026 |
274.09 +8.0% |
| Stretch, next 5 sessions | 268.49 +5.8% |
| Previous close Oct 14, 2026 |
257.11 +1.3% |
| Now | 253.89 |
| 50-day average | 253.75 -0.1% |
| Bargain, next 5 sessions | 246.21 -3.0% |
| Lowest analyst target | 226.00 -11.0% |
| 200-day average | 217.67 -14.3% |
| 52-week closing low Oct 17, 2025 |
130.26 -48.7% |
Closing prices (all-time = the 47 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.